2012-0419 Regular City Commission Meeting

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Summary Minutes: Regular City Commission Meeting April 19, 2012 City of Sunny Isles Beach, Florida 8. PUBLIC HEARINGS (Other than Ordinances for Second Reading) None 9. ORDINANCES FOR SECOND READING (Public Hearings) 9A. An Ordinance of the City Commission of the City of Sunny Isles Beach, Florida, Authorizing the Issuance of Not Exceeding $10 Million of Capital Improvement Revenue Refunding Bonds of the City of Sunny Isles Beach, Florida; Approving a Loan Agreement in Respect of Said Bonds; Authorizing the Execution and Delivery of the Loan Agreement in Substantially the Same Form Attached Hereto as Exhibit `B'; Providing for Severability; Providing for Repealer; Providing for an Effective Date. (First Reading 03/15/12) Action: City Clerk Hines read the title, and Assistant City Manager/Finance Minal Shah reported noting the overall savings to the City over the next ten (10) years is $1.9 Million. Public Speakers: None Mayor Edelcup said this was a wonderful opportunity that you were able to find for us and we really appreciate the fact that you will be saving the City close to $2 Million over the next ten years, and the Mayor and Commission thanked Assistant City Manager Shah for a job well done. Commissioner Aelion moved and Commissioner Scholl seconded a motion to adopt the ordinance. Ordinance No. 2012 -384 was adopted by a roll call vote of 5 -0 in favor. Vote: Commissioner Aelion yes Commissioner Gatto yes Commissioner Scholl yes Vice Mayor Thaler yes Mayor Edelcup yes 10. RESOLUTIONS 10A. A Resolution of the City Commission of the City of Sunny Isles Beach, Florida, Approving the Allocation of Funding to Continue the Agreement with Development Counsellors International (DCI) for Public Relations Services, in an Amount Not to Exceed $42,800.00, Attached Hereto as Exhibit "A "; Authorizing the City Manager to Do All Things Necessary to Effectuate this Resolution; Providing for an Effective Date. Action: City Clerk Hines read the title, and Cultural and Human Services Director Susan Simpson reported. Public Speakers: None Commissioner Aelion moved and Commissioner Gatto seconded a motion to approve the resolution. Resolution No. 2012 -1887 was adopted by a voice vote of 5 -0 in favor.